Circles

Latest Circles news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

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A Guide to Circles, the Project Bringing UBI and FOMO to Ethereum's xDai Sidechain

Circles has had its glitches in the early going. Here's what you need to know to get into the newest crypto-powered universal basic income (UBI) project.

By Brady DaleOct 22, 2020, 4:15 p.m. EDT

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1 hour ago

Neutral

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Bitcoin whale that sat through the March 2020 crash moves $378 million

A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.

1 hour ago

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Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.

2 hours ago

Negative

Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%

Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.

3 hours ago

Positive

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+3 Assets

Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures

Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.

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